Paychex, Inc. (PAYX)

Growth

Revenue 5Y7.87%
Revenue 3Y6.79%
EPS 5Y11.20%
EPS 3Y10.28%
Dividend 5Y8.53%
Dividend 3Y6.39%

Capital Efficiency

ROIC43.15%
ROE46.14%
ROA15.92%
ROTA16.28%

Capital Structure

Market Cap40.74B
EV40.52B
Cash1.10B
Current Ratio1.30
Debt/Equity0.65
Net Debt/EBITDA-0.10
Show More

Income Statement

Select a metric from the list below to chart it

May '86
May '93
May '00
May '07
May '14
May '21
Income Statement
May '14
May '15
May '16
May '17
May '18
May '19
May '20
May '21
May '22
TTM
Revenue
2,518.9
2,739.6
2,951.9
3,151.3
3,380.9
3,772.5
4,040.5
4,056.8
4,611.7
4,816.8
Revenue % Chg.
8.3%
8.8%
7.7%
6.8%
7.3%
11.6%
7.1%
0.4%
13.7%
11.2%
Cost of Revenue
732.5
808.0
857.1
919.6
1,017.8
1,177.8
1,280.8
1,271.2
1,356.3
1,422.5
Cost of Revenue % Chg.
9.1%
10.3%
6.1%
7.3%
10.7%
15.7%
8.7%
-0.7%
6.7%
10.5%
Gross Profit
1,786.4
1,931.6
2,094.8
2,231.7
2,363.1
2,594.7
2,759.7
2,785.6
3,255.4
3,394.3
Gross Profit % Chg.
7.9%
8.1%
8.4%
6.5%
5.9%
9.8%
6.4%
0.9%
16.9%
11.5%
Gross Profit Margin
70.9%
70.5%
71.0%
70.8%
69.9%
68.8%
68.3%
68.7%
70.6%
70.5%
Gross Profit Margin % Chg.
-0.3%
-0.6%
0.6%
-0.2%
-1.3%
-1.6%
-0.7%
0.5%
2.8%
0.3%
Selling, General, & Admin Expenses
803.7
878.0
948.2
992.1
1,075.6
1,223.4
1,299.2
1,324.9
1,415.4
1,469.6
Selling, General, & Admin Expenses % Chg.
7.1%
9.2%
8.0%
4.6%
8.4%
13.7%
6.2%
2.0%
6.8%
9.8%
Operating Income
982.7
1,053.6
1,146.6
1,239.6
1,287.5
1,371.3
1,460.5
1,460.7
1,840.0
1,924.7
Operating Income % Chg.
8.6%
7.2%
8.8%
8.1%
3.9%
6.5%
6.5%
0.0%
26.0%
12.8%
Operating Income Margin
39.0%
38.5%
38.8%
39.3%
38.1%
36.3%
36.1%
36.0%
39.9%
40.0%
Operating Income Margin % Chg.
0.3%
-1.4%
1.0%
1.3%
-3.2%
-4.5%
-0.6%
-0.4%
10.8%
1.5%
Total Other Income/Expenses Net
5.4
6.4
4.5
5.2
8.6
-3.3
-23.4
-26.5
-15.4
-14.4
Total Other Income/Expenses Net % Chg.
-18.2%
18.5%
-29.7%
15.6%
65.4%
-
609.1%
13.2%
41.9%
11.1%
Income Before Tax
988.1
1,060.0
1,151.1
1,244.8
1,296.1
1,368.0
1,437.1
1,434.2
1,824.6
1,910.3
Income Before Tax % Chg.
8.4%
7.3%
8.6%
8.1%
4.1%
5.5%
5.1%
-0.2%
27.2%
13.1%
Income Before Tax Margin
39.2%
38.7%
39.0%
39.5%
38.3%
36.3%
35.6%
35.4%
39.6%
39.7%
Income Before Tax Margin % Chg.
0.1%
-1.4%
0.8%
1.3%
-2.9%
-5.4%
-1.9%
-0.6%
11.9%
1.7%
Income Tax Expense
360.6
385.1
394.3
427.5
362.4
333.6
339.0
336.7
431.8
443.7
Income Tax Expense % Chg.
5.3%
6.8%
2.4%
8.4%
-15.2%
-7.9%
1.6%
-0.7%
28.2%
8.1%
Net Income
627.5
674.9
756.8
817.3
933.7
1,034.4
1,098.1
1,097.5
1,392.8
1,466.6
Net Income % Chg.
10.3%
7.6%
12.1%
8.0%
14.2%
10.8%
6.2%
-0.1%
26.9%
14.7%
Net Income Margin
24.9%
24.6%
25.6%
25.9%
27.6%
27.4%
27.2%
27.1%
30.2%
30.4%
Net Income Margin % Chg.
1.8%
-1.1%
4.1%
1.2%
6.5%
-0.7%
-0.9%
-0.5%
11.6%
3.1%
Weighted Avg. Shares Out
364.5
362.9
360.7
359.8
359.0
359.2
358.5
359.9
360.6
361.1
Weighted Avg. Shares Out % Chg.
0.2%
-0.4%
-0.6%
-0.2%
-0.2%
0.1%
-0.2%
0.4%
0.2%
0.2%
EPS
1.7
1.9
2.1
2.3
2.6
2.9
3.1
3.1
3.9
4.1
EPS % Chg.
10.3%
8.1%
12.9%
8.1%
14.5%
10.8%
6.3%
-0.3%
26.6%
14.1%
Weighted Avg. Shares Out Dil
366.1
364.6
362.5
362.6
361.5
361.8
361.0
362.1
363.1
362.9
Weighted Avg. Shares Out Dil % Chg.
0.4%
-0.4%
-0.6%
0.0%
-0.3%
0.1%
-0.2%
0.3%
0.3%
0.0%
EPS Diluted
1.7
1.9
2.1
2.3
2.6
2.9
3.0
3.0
3.8
4.1
EPS Diluted % Chg.
9.6%
8.2%
13.0%
7.7%
14.7%
10.9%
6.3%
-0.3%
26.7%
14.7%
Interest Income
6.9
7.8
8.4
9.9
11.9
13.3
12.3
2.3
2.9
-
Interest Income % Chg.
-
13.0%
7.7%
17.9%
20.2%
11.8%
-7.5%
-81.3%
26.1%
-
Interest Expense
1.1
0.7
1.1
2.5
3.9
17.6
38.8
35.8
36.6
-
Interest Expense % Chg.
-
-36.4%
57.1%
127.3%
56.0%
351.3%
120.5%
-7.7%
2.2%
-
EBIT
993.9
1,067.1
1,158.4
1,252.2
1,304.1
1,363.7
1,410.6
1,400.7
1,790.9
1,910.3
EBIT % Chg.
9.1%
7.4%
8.6%
8.1%
4.1%
4.6%
3.4%
-0.7%
27.9%
13.1%
EBIT Margin
39.5%
39.0%
39.2%
39.7%
38.6%
36.1%
34.9%
34.5%
38.8%
39.7%
EBIT Margin % Chg.
0.7%
-1.3%
0.7%
1.3%
-2.9%
-6.3%
-3.4%
-1.1%
12.5%
1.7%
Depreciation & Amortization
105.0
106.6
115.1
126.9
138.0
181.5
209.7
192.0
191.8
197.0
Depreciation & Amortization % Chg.
6.9%
1.5%
8.0%
10.3%
8.7%
31.5%
15.5%
-8.4%
-0.1%
4.9%
EBITDA
1,098.9
1,173.7
1,273.5
1,379.1
1,442.1
1,545.2
1,620.3
1,592.7
1,982.7
2,107.3
EBITDA % Chg.
8.8%
6.8%
8.5%
8.3%
4.6%
7.1%
4.9%
-1.7%
24.5%
12.3%
EBITDA Margin
43.6%
42.8%
43.1%
43.8%
42.7%
41.0%
40.1%
39.3%
43.0%
43.7%
EBITDA Margin % Chg.
0.5%
-1.8%
0.7%
1.4%
-2.5%
-4.0%
-2.1%
-2.1%
9.5%
1.0%